Winners And Losers In The Digital Economy


The Top 1 Percent

So who is winning? Sixty-five percent of the increased wealth in the last decade has gone to 1 percent of the population, according to Brynjolfsson. The income of the top 1 percent has increased by 270 percent in that time period, whereas income growth for those earning the median income "has been pretty close to zero."

In just the last two years since the recession officially ended, 93 percent of wealth increases has gone to the top 1 percent, Brynjolfsson said, citing MIT research. "There you have a case of the pie getting bigger, but not everybody getting a bigger slice."